智通财经APP获悉，根据TrendForce集邦咨询最新AI Server研究，在大型云端服务供应商(CSP)加大自研芯片力道的情况下，英伟达(NVDA.US)在GTC 2026大会改为着重各领域的AI推理应用落地，有别于以往专注云端AI训练市场。通过推动GPU、CPU以及LPU等多元产品轴线分攻AI训练、AI推理需 求，并借由Rack整合方案带动供应链成长。 TrendForce集邦咨询表示，随着以谷歌(GOOGL.US)、亚马逊(AMZN.US)等CSP为首的自研芯片态势扩大，预估ASIC AI Server占整体AI Server的出货比例 将从2026年的27.8%，上升至2030年的近40%。 观察Rubin供应链进度，预计2026年第二季存储器原厂可提供HBM4给Rubin GPU搭载使用，助力英伟达于第三季前后陆续出货Rubin芯片。至于英伟达 GB300、VR200 Rack系统出货进程，前者已于2025年第四季取代GB200成为主力，预估至2026年出货占比将达近80%，而VR200 Rack则约在2026年第三季 度末可望逐步释放出货量能，后续发展仍需视ODM实际进度而定。 另外，AI从生 ...

Core Insights - The article highlights the upward revision of capital expenditure (CapEx) growth for major North American Cloud Service Providers (CSPs) from 61% to 65% for 2025, with expectations of further growth to over $600 billion in 2026, reflecting the long-term growth potential of AI infrastructure [2][4]. Group 1: Capital Expenditure Trends - The eight major CSPs include Google, AWS, Meta, Microsoft, Oracle, Tencent, Alibaba, and Baidu. Google has raised its 2025 CapEx forecast to $91-93 billion to meet the increasing demand for AI data centers and cloud computing [4]. - Meta has also increased its 2025 CapEx to $70-72 billion, indicating significant growth in 2026 [4]. - Amazon has adjusted its 2025 CapEx estimate to $125 billion, while Microsoft expects its 2026 CapEx to exceed that of 2025 [5]. Group 2: Impact on AI Hardware Ecosystem - The surge in CapEx is expected to stimulate demand for AI servers, driving growth in upstream supply chains such as GPU/ASIC, memory, packaging materials, and downstream systems like liquid cooling modules and power supplies [5][6]. - NVIDIA is anticipated to benefit significantly from this CapEx growth, with expected shipments of its GB300 and VR200 products surpassing previous forecasts, primarily driven by the top five North American CSPs [5]. - Oracle is expected to see substantial growth due to demand from North American government projects and cloud AI database leasing services [5]. Group 3: Future Developments in AI Solutions - The market is expected to adopt integrated AI solutions more aggressively in 2026, with NVIDIA planning to launch a new generation of VR200 racks [6]. - Competitor AMD is also set to promote its Helios integrated solutions, with Meta and Oracle being among the first adopters [6]. - Meta plans to significantly increase its CapEx by 65% to $118 billion in 2026 to support its initiatives in NVIDIA's GB/VR Rack and self-developed ASIC solutions [6].